Jay Onda has moved from Docomo Capital, where he served as principal, to Yamaha in order to take up a senior position at its corporate venturing division.
Month: August 2015
Kothari takes over at SRI Ventures
Manish Kothari was previously a director of commercial ventures and licensing at the corporate venturing unit, after initially joining SRI in 2013.
Syngenta helps plant $16m in Illumitex
Syngenta has been an investor in Illumitex, which produces lighting equipment to help grow plants and vegetation, since they formed a strategic partnership in 2011.
Daum Kakao edges toward Rim
Ji Hoon Rim, previously the principal of SoftBank Ventures Korea before founding K Cube Ventures, will take over as CEO of internet company Daum Kakao next month.
Qufenqi installs Ant Financial in $200m round
The instalment buying company has now raised $400m in only eight months, adding Ant Financial to an investor base that already includes mobile game publisher Kunlun.
Lendico cashes $22m
The online peer-to-peer lending company raised the capital from backers including Rocket Internet, Access Industries and the VC firm spun out of HV Holtzbrinck.
Ovid tells $75m tale
Neurology drug developer Ovid Therapeutics will use the Sanofi-backed series B round to fund the advancement of its lead candidate into Phase 2 trials.
Branch Metrics swoops on ClassOwl
Follett and Pearson exited the classroom communication app, which has been acquired by Branch Metrics for an undisclosed amount.
Bounce Exchange jumps at $6.5m
Trigger Media has contributed to a series A-1 round for Bounce Exchange, which enables website owners to analyse user behaviour.
Samsung basks in Raydiance exit
Samsung led a $20m round for the laser producer in 2012, part of the $105m it raised before being bought by Coherent for less than $9m.
Informatica goes private with corporate help
Microsoft and Salesforce have invested in Informatica, which has been taken private by Permira and Canada Pension Plan Investment Board.
FortuneRock goes for IPO cookie
Biotechnology company FortuneRock is set to float on the National Equities Exchange and Quotations in China, giving Jinhua Pharmaceuticals an exit.
IDG Capital targets $1bn for new fund
International Data Group’s 22-year old Chinese corporate venturing affiliate has backed companies including Tencent, Baidu and Ctrip at early stage.
Legend parks in Tuhu’s $100m series C
Tuhu, a platform that enables users to book car service appointments and purchase replacement parts, raised cash in a Legend-backed round in July last year.